Newsom's California rail project now expected to cost $126B, official admits, with still no tracks laid

California's delayed, over-budget high-speed train from Los Angeles to San Francisco is running fast in only one direction: Rising costs to even get rolling, which are now estimated to be $126 billion. "Today, we estimate with the right optimization just over $125 billion," California High Speed Rail Authority board member Anthony Williams told CBS's "60 Minutes" on Sunday. "I think $126 billion is the current estimate for that." Snip "We’re now in 2026: There are no trains; there’s no track laid; it was a complete bait and switch," Rep. Vince Fong, R-Calif., told "60 Minutes," saying the project "needs to...